Here are a couple of verses that I transcribed from two different sound samples; therefore I don't know whether there's more, or whether I have them in the right order.

Walk on, little boy. Your life has only started. A world full of joy is there for you to see. Walk on, little boy. Our paths today have parted, So walk along, run along, but don't you wait for me.

Walk on, little boy. We've been too long together. Don't cry, little boy. It's time I set you free. Walk on, little boy. You've seen the change of weather, So walk along, run along, but don't you wait for me.

allmusic says it was written by "Gilkyson"—that's probably Terry Gilkyson.

Walk on, little boy. Your life has only started. A world full of joy is there for you to see. Walk on, little boy. Our paths today have parted, So walk along, run along, but don't you wait for me.

Walk on, little boy. We've been too long together. Don't cry, little boy. It's time I set you free. Walk on, little boy. You've seen the change of weather, So walk along, run along, but don't you wait for me

The road of life has stretched out far behind me, With all the friends I've known from day to day, And still I bless the night you came to find me, To hold my hand until you learned the way.

Walk on little boy and keep the brave world spinning. A life full of joy is there for you to see. Walk on little boy, your life is just beginning. So walk along, run along, move along, But don't you wait. Don't stop to wait. No don't you wait for me.